Posts Tagged ‘surplus’
Bill Maher: Unemployment Sky Didn’t Fall
on Monday, July 11, 2016
Bill Maher Money Quote saying Republicans expected calamity if liberal policies were implemented, but California proved them wrong on employment and deficits. Bill Maher said:
“[California] did all the stuff conservatives warned us would make things even worse but the sky didn’t fall, unemployment did, and growth shot up to over four percent, and a 26 billion dollar deficit became an 11 billion dollar surplus” — Bill Maher
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In this quote, Bill Maher is referring to conservative warnings about policies implemented in California, such as raising taxes and spending more on social programs. He notes that contrary to the predictions, good things happened as a result – unemployment decreased, economic growth increased significantly to over 4%, and the large budget deficit turned into a sizable surplus.
Maher seems to be arguing that California’s actions disproved conservative claims that such policies would ruin the economy and finances. His words suggest that California thrived despite doing what conservatives said would make the situation much worse.
Overall, Maher appears to be using California’s example to challenge conservative views on fiscal and economic policy issues.
Harvey Firestone on Surplus Judgement
on Monday, February 4, 2013Harvey Firestone Money Quotation saying reacting to events requires sufficient cash to respond to economic needs – but a poor man has no mindful control of the situation. Harvey Firestone said:
“A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often he has no opportunity to exercise judgment” — Harvey Firestone
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This quote suggests that having some financial resources or “surplus” gives a person more freedom and flexibility to make choices in their life. Someone who lacks a surplus and lives paycheck to paycheck may feel controlled or constrained by their circumstances, having to take whatever opportunities are available just to get by.
But a person with savings has more ability to exercise patience and judgment in deciding what work or projects to take on. They aren’t forced to make hasty decisions out of desperation. So in this view, having a surplus provides more independence and opportunity to thoughtfully consider options rather than feeling compelled to act without careful consideration.
The quote implies that financial security allows for greater exercise of free will and decision-making power in one’s life path.
Birthday: December 20, 1868 – Death: February 7, 1938